Fred Olsen Ocean and and Teekay Offshore have formed a joint venture that will develop a new vessel design targeted at the offshore wind sector.
The deal will bring a wind sector application to the Teekay spinoff's HiLoad technology, which uses a dynamic positioning unit to connect ships to offshore installations.
"We see great potential in developing a vessel that fills the gap between crew transfer vessels and service operations vessels in the offshore wind space,” said Fred Olsen Windcarrier vice president John Andersen, who will lead the initiative.
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